OPEC Chief: Members will stick to oil production cuts

194 views · Published 13 January 2017 · 1:11 · Indexed 1 October 2026

Channel: CGTN Africa · 2017 · News & Politics

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The head of the Organization of Petroleum Exporting Countries said on Thursday that he remains "confident" that the cartel and outside members will stick to an agreement to cut production to help boost oil prices. The comments by OPEC Secretary-General Mohammad Sanusi Barkindo of Nigeria come as the cartel and non-members try to stick to the landmark deal after oil prices collapsed last year. OPEC agreed in late November to cut its production by 1.2 million barrels a day, the first reduction agreed to by the cartel since 200

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